Chegg (CHGG) Tops Q3 EPS by 4c; Raises Outlook

Chegg (NYSE: CHGG) reported Q3 EPS of $0.07, $0.04 better than the analyst estimate of $0.03. Revenue for the quarter came in at $74.2 million versus the consensus estimate of $69.24 million.

GUIDANCE:

Chegg sees Q4 2018 revenue of $90-92.5 million, versus the consensus of $89.3 million.

Chegg sees FY2018 revenue of $315-318 million, versus the consensus of $309.8 million.

Chegg sees FY2019 revenue of ~$388 million, versus the consensus of $379.8 million.

For earnings history and earnings-related data on Chegg (CHGG) click here.

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